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- Cost estimating can be best described by which of the following:
- Which type of project cost estimate is the most accurate?
- To assist in budget control, it is suggested that the estimate occur at the _______ level of the WBS.
- Which one of the following is NOT a trade-off decision that must be made in the development of the project plan?
- In fixed price contract which of the following holds true?
- The initial cost of your project is $25,000, which will save the company $6,000 per year for the next four years. Using the above table If your company wants a 12% ROI, what is the NPV of the project?
- ABC company commonly used Sum of the Years method to calculate depreciation on assets. They purchased a computer which cost $15,000, knowing they can sell it at the end of three years for $3,000. How much depreciation is taken the third year?
- Cost Variance (CV) is which of the following equations?
- The total amount of risk that is calculated for a project is found by:
- Bo calls his project team to quantify and assess the risks of their project. The benefits the team will gain from this exercise include all but which of the following?